Currency unification is on the horizon, although it, in itself, is not enough to reorder and update Cuba’s economy according to some experts. Unification of Cuba’s system of money will be a part of the entire process to strengthen national economic performance... More »
Banking in Cuba is evolving. A new law, Resolution 73/2020 of the Central Bank of Cuba (BCC) published in the Gazette of the Republic, allows non-resident Cubans to open bank accounts in MLC (freely convertible currency) for retail sales and the importation of... More »
There have been some big changes for Cuba in the way of banking and importation of goods into the country. A new retail strategy is in place to offer low consumer prices on high demand goods. The Central Bank of Cuba (BCC) is prepared to support the new advanc... More »
On June 14, 2016, AP news agency reported that Stonegate Bank of Pompano Beach in Florida would issue the first US credit card intended for use in Cuba. This is wonderful news for the innovative, trailblazing Stonegate Bank, and also for Cuba and American tour... More »
